Commercial Surveys

Commercial Surveys

Designing a Paradigmatic Model for Marketing Audit in the Banking Industry (A Case Study: Banks Listed on the Stock Exchange)

Document Type : Original Article

Authors
1 Department of Business Management, South Tehran Branch, Islamic Azad University, Tehran, Iran.
2 Department of Business Management, East Tehran Branch, Islamic Azad University, Tehran, Iran (correspondi,ng author)
Abstract
The present study aims to design a paradigm model of marketing auditing in the banking industry, focusing on banks listed on the stock exchange. The research employed a mixed-method approach, incorporating both qualitative and quantitative phases. In the qualitative phase, semi-structured interviews were conducted to collect data. Subsequently, a fuzzy SWARA questionnaire was used to prioritize the research indicators. The statistical population consisted of 14 experts, selected through purposive sampling, with whom in-depth and semi-structured interviews were conducted. The interview transcripts were analyzed using the grounded theory method and MAXQDA software. Furthermore, the fuzzy SWARA method was applied to rank the indicators. Based on the results of the grounded theory analysis, ore categories and subcategories were extracted, leading to the development of the paradigm model. The findings from the model revealed that the adoption of technological changes, the need for digital banking, and the transformation of banks’ business models act as causal conditions for the core phenomenon—marketing auditing. Moreover, the strategies and actions associated with marketing auditing are influenced by contextual conditions such as central bank policies and the cultural and social characteristics of the society, as well as intervening conditions like resistance to organizational changes. Effective implementation of these strategies ultimately results in enhanced customer satisfaction and increased bank revenue and profitability.
Keywords

Subjects


 
Azarigargari, T., Tehrani, R., Dastori, M. (2022). Modeling the liquidity risk of banks listed on the Tehran Stock Exchange using artificial neural networks and Bayesian networks (case study: Mellat Bank). Economic Strategy 42. 57-84. (in Persian) https://doi.org/10.22034/es.2023.304046.1462
Chegini, N. (2021). The role of relationship marketing audit and communication skills in predicting customer satisfaction. Modern Research Approaches in Management and Accounting, 5 (63), 43-52. (in Persian) https://majournal.ir/index.php/ma/article/view/811
Dehghan-Ashkazari, M.R., Nayebzadeh, Sh., Hosseini, S.F. (2020). Marketing Audit of Home-Based Businesses in South Khorasan Province. Management and Entrepreneurship, 5 (30), 23-37. (in Persian) https://civilica.com/doc/1243067
Donaldy, R., & Massoudi, D. (2025). Audit quality and earnings management: evidence from rural and community banks in an emerging economy. Journal of accounting in emerging economies. https://doi.org/10.1108/JAEE-03-2023-0063
Farahmand, E., Yazdanian, N., Shahvardiani, Sh. (2025). Modeling Corporate Governance in the Economic Growth of Companies Listed in Tehran Bahador Stock Exchange. Accounting and Management Auditing Knowledge 55. 209-230. (in Persian) https://www.jmaak.ir/article_23624.html
Feshchur, I., Hurzhyi, N., Kuzminska, Y., Danchenko, O., & Horiashchenko, Y. (2023). Marketing audit as a tool for assessing business performance. Theoretical and Practical Research in Economic Fields, 14(2), 438-456. http://dx.doi.org/10.14505/tpref.v14.2(28).21
Guba, E. G., & Lincoln, Y. S. (1982). Epistemological and methodological bases of naturalistic inquiry. ECTJ, 30(4), 233-252. https://doi.org/10.1007/BF02765185
Habibi, A., Afridi, S. (2022), Fuzzy Multi-Criteria Decision Making, Naroon Danesh Publications. (in Persian)
Keršuliene, V., Zavadskas, E. K., & Turskis, Z. (2010). Selection of rational dispute resolution method by applying new step‐wise weight assessment ratio analysis (SWARA). Journal of business economics and management, 11(2), 243-258. http://dx.doi.org/10.3846/jbem.2010.12
Koury, N., Yankey, J. A., & Young, D. (2022). Utilizing a Marketing Audit in Developing a New Service: Case Example: Breckenridge Village. In Cases and Select Readings in Health Care Marketing (pp. 129-143). Routledge. https://psycnet.apa.org/doi/10.1300/J026v02n04_07
Krasyuk, I., & Pasholikov, M. (2024). Marketing audit is a tool for strategic development of an industrial company. In E3S Web of Conferences (Vol. 531, p. 05027). EDP Sciences. https://doi.org/10.1051/e3sconf/202453105027
Miller, E., Cross, L., & Lopez. M. (2010). Sampling in qualitative research. FBB research group, 19(3), 249-261. http://dx.doi.org/10.1016/S0001-2092(06)61990-X
Mohsenipour Golmaghani, M., Kheiri, B., & Karimizand, M. (2023). Design and validation of marketing audit model of fixed internet provider companies. International Journal of Nonlinear Analysis and Applications. Volume 14, Issue 11, Pages 191-206. https://doi.org/10.22075/ijnaa.2022.29014.4042
Poursafar, S., Shorini, M. (2022). The role of marketing audit and service quality on the performance of Sina Insurance Company in the West of the country, Modern Research Approaches to Management and Accounting, 6(22), 1054-1070. (in Persian) https://majournal.ir/index.php/ma/article/view/1682
Pratama, I. H., Safnah, S., Ronardi, S., Agustina, U., & Rodiah, S. (2025). Analisis Bibliometrik Dengan Vosviewer Terhadap Perkembangan Penelitian Forensic Audit. Jurnal Ilmiah Manajemen dan Akuntansi, 2(1), 61-67. https://doi.org/10.55338/saintek.v5i3.2339
Rachman, P. A. I., & Fitri, H. (2023). The Effect of Operational Audit, Internal Control, Implementation of Marketing Strategy and Sales Accounting Information System on Sales Effectiveness. Research of Accounting and Governance, 1(1), 13-22. http://dx.doi.org/10.58777/rag.v1i1.11
Rajabi, M., Zarinabadi, E. (2020). Implementing Marketing Audit in Clothing Industries, Second National Conference on Fundamental Studies in Management and Accounting, Tehran. (in Persian) https://civilica.com/doc/986914
Santos, K. B., Rocha, R., Santos, J. N. P., & Lobato, M. G. S. (2024). Marketing Audit Analysis IN TWO Restaurants IN ARA CAJU/SE. Revista Gestão em Análise, 13(1), 24-40. http://dx.doi.org/10.12662/2359-618xregea.v13i1.p24-40.2024
Strauss, A., & Corbin, J. (1998). Basics of qualitative research techniques.
‌‌Wilson, A. (2024), Marketing Auditing. Translated by Rezaeinejad, Abdolreza. ‌Rasa Publications. (in Persian)
Zhang, R., Tian, G., Tian, Z., & Li, L. (2025). Audit firms’ entry into H-share audit market and mainland audit pricing: evidence from China. Managerial Auditing Journal, 40(1), 90-125. https://doi.org/10.1108/MAJ-12-2023-4173
 
 
Volume 23, Issue 131 - Serial Number 131
May and June 2025
Pages 101-118

  • Receive Date 15 May 2025
  • Revise Date 03 July 2025
  • Accept Date 27 July 2025